Quote:
Originally Posted by moncton golden flames
what is the estimated cost difference between the proposed airport tunnel and the cost of upgrading the surrounding infrastructure if the tunnel does not get built?
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The official report going to council lists the total cost of not building the tunnel as $325-$425 million dollars (the variation comes from two interchanges being only likely needed).
Compare that to the $295 million to build the tunnel now. However, $24 million of that is for roads that would be required in the future anyway, so the real number to compare it to would be $271 million.
Both numbers are in 2011 dollars, so prices may escalate for the don't-build-the-tunnel-now number.
Also, the remaining $271 million includes a contingency of 30% or so (most often contingencys are just 10%)
For short term pain in the delays of a few other projects, we will have long term gain, as well as other benefits to the community as a whole. Other projects may be delayed for a bit, but 20 years from now, we will have more other projects built because we built the tunnel now.